Transportation Regulation and Policy Essay Example

desire to limit foreign ownership in a critical industry to prevent the system from benefiting foreign interests more than national interests. For instance, it restricts foreign ownership of domestic airlines to a maximum of 49%, with additional controls up to 25%. Other countries have similar restrictions.

Transportation policies are developed to address various issues including national security, public safety, and the environment.

National security

Transport raises concerns about public safety and the environment. In response to public safety concerns, policies have been implemented to require driving licenses, regulate driver work hours, establish equipment standards, set speed limits, enforce highway codes, and promote the use of safety belts and other accident prevention measures. In recent years, there has also been a focus on environmental standards and control measures to ensure the safety of imported/exported goods and uninterrupted production.

Public safety

Measures have been taken to enhance public safety, such as enforcing the use of seat belts in vehicles, installing effective lighting along roads, and creating designated pedestrian crossings and flyovers. These measures have made transportation more convenient while reducing the number of accidents and ensuring timely completion of daily tasks.

The Environment

Policies are in place to promote the use of unleaded fuel in vehicles to prevent the emission of harmful carbonated gases that contribute to acidic rains. Vehicles are also equipped with exhaust pipes to release gas emissions safely.

This has helped to prevent additional legal expenses for the negative impacts of gaseous emissions.

Monopolies

A transportation approach has been developed to anticipate or regulate the natural tendency towards monopolistic behavior in various modes of transportation

(Dunn, 2015). Intense competition often results in market dominance by a company, giving them monopoly power. This has affected the pricing mechanisms of these transportation modes, causing a decrease in revenue.

The text below includes references in an HTML format.

References

• Stevenson, W. J., ; Sum, C. C. (2009). Operations management (Vol. 8). Boston, MA: McGraw-Hill/Irwin.
• Sinha, K. C., ; Labi, S. (2011). Transportation decision making: Principles of project evaluation and programming.

John Wiley ; Sons.

Litman, T., ; Burwell, D. (2006). Issues in sustainable transportation. International Journal of Global Environmental Issues, 6(4), 331-347.

Dunn, W. N.

(2015). Public policy analysis. Routledge.